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[–] zambeezy 0 points 1 point (+1|-0) ago 

Consumption taxes also collect revenue from underground and black market sources. Prostitutes and drug dealers don't pay income tax, regardless of the rate; however, they still have to buy food, water, clothes, etc. like the rest of us and taxes will be collected from that consumption.

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[–] 9-11 ago 

how do you plan on taxing the rich then? they wont spend their money here, they'll take a $100,000 vacation to europe or brazil once a month.... happily enjoying the untaxed cash flow from their investments.

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[–] zambeezy ago 

$100,000 vacation once a month? Doubt it. They'll still be buying their groceries here, still need to buy cars and whatnot here, etc. and that will be taxed.